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And then there were none. The Bank of Japan really decided to move its policy rate above zero, and so there are no central banks left with negative rates. Following its first hike in 17 years, the bizarre world in which monetary czars paid you to borrow from them is over. The arrival of zero rates two decades ago was greeted with disbelief and horror. Japan has at last extracted itself.

QOSHE - BOJ’s End of History Is More Than Less Than Zero - John Authers
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BOJ’s End of History Is More Than Less Than Zero

13 1
19.03.2024

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And then........

© Bloomberg

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